CA Foundation: The Companies Act 2013

In which case the principle of corporate veil was ignored by the courts:

A company is incorporated in India, but all its members are the Americans. Such company is:

A company cannot be treated as a citizen, yet it has its:

Acts done by a company ‘beyond its powers’ are termed:

Under the Registered office clause, a company has to give the name of the:

How many fundamentals clauses are contained in the Memorandum of a company?

Which of the following tables in Schedule I of the Act does not contain any prescribed form of Memorandum?

Which of the following is called the charter of a company?

The regulations contained in which of the following Tables are also called ‘articles’:

Articles of Association are the regulator of the behaviour of:

Registration of Articles of Association is compulsory for which of the following companies:

Which of the following documents contains bye- laws that govern the internal management of a company:

Articles of Association are subordinate to:

Under the doctrine or rule of ‘constructive notice’ which of the following persons are presumed to have read the Memorandum and the Articles:

Memorandum and Articles of a company are:

Which of the following is the necessary condition in case of the Articles of a company:

The Articles of association must be signed by:

Which of the following companies may or may not frame (register) their articles of association

The benefit of the Doctrine of Indoor Management is available only to the:

The creditors of a company can sue its members for the debts of the company.

If the members composing a company die or dissociate themselves from the company, such company gets annihilated along with.

A company has its own distinct entity.

‘Patel & Co.’ is a company in the eyes of the law.

A Government company is that company of which all the share are held by the Government.

A company that does not hold more than 50% of total share capital of another company, may still be a holding company of that another one.

A company limited by guarantee cannot have share capital.

A private company need not have its own Articles.

A company being an artificial person cannot own property and cannot sue or be sued.

A licenced company can be registered with limited liability without adding the word ‘Limited’ to its name.

A ‘one-man company’ is a legal entity in the eyes of the law.

Memorandum is the basic document facilitating the incorporation of a company.

It is not necessary for a company to mention the actual address of its registered office in the Memorandum.

The domicile and nationality of a company are determined on the basis of its registered office.

Memorandum is subsidiary to articles.

Articles are bye-laws for the general administration of a company.

Articles are rules framed for governing the internal affairs of the company.

The transactions ultras vires the Memorandum can be ratified by the unanimous consent of all the shareholders.

The acts ultra vires the directors are null and void and therefore cannot be ratified by the shareholders.

An outsider dealings with a company has a rights to assume that its internal management has no irregularity.

An outsider dealing with a company is presumed to have knowledge of the provisions of its memorandum and articles.

Memorandum and articles are public documents open to public inspection.

Memorandum and articles bind the company to its members, and also each member to the company inter se.

No form has been prescribed for the articles of companies in the Act.